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Chapters 1 to 7 introduce the subject matter of cultural economics. Chapter 1 is a general introduction to the topics covered in the book and the history of cultural economics. Chapter 2, on the economic profile of the cultural sector, is concerned with the definition and measurement of the creative economy. Chapter 3 investigates the working of the market economy in the cultural sector. Chapter 4 is on the economic organisation of the creative industries. Chapter 5 deals with the production and supply of creative goods and services, and chapter 6 similarly deals with the consumption, participation and demand aspects. Chapter 7 looks at the way cultural economics analyses policy using welfare economics. These chapters therefore lay the foundation for analysing and understanding the creative industries studied in subsequent chapters.
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